You are here: Home » Reuters » News
Business Standard

McDonald's delivers global growth as it battles U.S. challenges

Reuters 

(Reuters) - McDonald's Corp beat estimates for quarterly same-store sales on Wednesday, powered by a strong international performance that again made up for weakness in a highly competitive U.S. fast-food market.Global sales at stores open at least 13 months rose 4.4 percent, topping the average analyst estimate of 3.90 percent, according to IBES data from Refinitiv. McDonald's remodeling efforts have been successful in driving growth in international markets such as UK and Australia and the world's largest restaurant chain is looking to replicate that success in the United States as ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, January 30 2019. 19:02 IST
RECOMMENDED FOR YOU